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Author Topic: As a new trader in the game, you just can't run from social media inluence.  (Read 400 times)
ecnalubma
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January 22, 2026, 12:53:15 PM
 #61

Quote from: programmer3666
Trading obviously requires confidence at a great level, yet so many traders let external opinions get deep into their heads and they end up not trusting their initial process and mapped out plans. It is best to stay disciplined, stick to the strategy and not listen to what others say.
This is a critical observation because the noise you are describing is often the primary reason why even technically sound strategies fail in practice. In the modern trading environment, social media serves as a constant echo chamber of confirmation bias and conflicting opinions that can easily override a trader's original logic. When we comment on our open trades or seek validation from others, we are essentially outsourcing our conviction to strangers who have no stake in our financial survival. This second-guessing is a form of psychological drift that slowly erodes the discipline required to see a trade through to its mapped-out conclusion.

To truly succeed, a trader must treat their mapped-out plan as a sacred contract that cannot be altered by a random post or a trending topic. The ability to remain isolated in one’s decision-making process is a skill just as important as reading a chart or managing risk. If we allow external noise to adjust our seatbelt mid-flight, we aren't actually trading a strategy anymore we are simply reacting to the collective anxiety of the internet. Staying disciplined means accepting that your plan might be wrong, but realizing it is far better to be wrong on your own terms than to be right by accident while following the crowd.
davis196
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January 22, 2026, 01:50:44 PM
 #62

These days so many new traders! just find it difficult to block that constant outside noise that messes with the mindset and mental state of a trading journey!. You will fight hard not to talk about an open trade, but due to those constant temptations & urges to scroll through posts on social media, you will end up commenting your open trade on someone's post, who says something partially related to the coin you are trading!.. And at the end, you will just start second-guessing and adjusting risks like a seatbelt, all because of some random outside noise.

Trading obviously requires confidence at a great level, yet so many traders let external opinions get deep into their heads and they end up not trusting their initial process and mapped out plans. It is best to stay disciplined, stick to the strategy and not listen to what others say.

It seems that you have developed some sort of social media addiction. I don't feel any urge and temptation to scroll through a bunch of meaningless social media slop. The crypto traders on social media are either shilling some shitcoin or spreading FUD and panic(which is mostly for clickbait purposes and gaining attention). I haven't seen any useful information about crypto trading being posted on social media and I would never discuss open trades with anyone on social media. You need to focus on your emotionally stability and try to deal with this growing social media addiction.

 
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Natalim
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January 22, 2026, 02:54:09 PM
 #63

Trading is never meant to be perfect, and there's no perfect trading or perfect trader anyway. So its okay for beginner traders to commit mistakes at first and learn from it. At least they will know then the disadvantage of trusting trading influencers and won't trust them again.

But IMHO, there are also few trading influencers that are somehow be helpful for beginners, so its their choice if they will consider them or not. After all, the more mistakes a new trader experience, the higher the learning experience will be.

Now, if the trader has never learned from it and still make consistent mistakes, it must be that the trader is trading the wrong way.

 
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Zanab247
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January 22, 2026, 02:58:16 PM
 #64

You can only get free impact in this Bitcointalk, because is part of the things the founder of this forum want BTC and crypto users to benefit from thlis forum. Am not saying you cannot get free mentor outside this forum but majority of them are charging for their impact because that is what they are using to feed themselves and their families, but you can get such impact free from Bitcointalk and you will surely develop interest for BTC or crypto trading, because is easy for those that  known about trading to earn profit from their trading.

When you know how to ask question as a new trader, you will not regret for joining BTC trading, because there is no question that related to BTC and crypto trading you will not get the answer from this forum, because there are some traders who went through that situation you are facing now in your trading and they overcame it.


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Maslate
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January 22, 2026, 03:04:57 PM
 #65

Learn from the experiences of the old traders. If they tell you not to trust those social media influencers, then believe them because they have been there.

But in reality, no matter how we try to advise a new trader not to do this or that, but if he insist on doing what he thinks is right, then we can't do anything for that. He is the trader so he will set his own rules, and eventually that could be part of his future learning.

Being a trader is tough, that's why it pays to be a knowledgeable and cautious trader in the making.

 
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Today at 09:11:53 PM
 #66

New or old we cannot outrun our own human faults. Like getting emotional or falling for someone elses BS.

It does get better with time because you learn to detect and avoid these kind of pitfalls. But nobody is safe, really. It all comes down to making your own strategy and sticking to it with a huge amount of self-discipline, which itself takes a long time to learn.

I have found it better to avoid social media as much as possible. But then again, I do need to check it sometimes for fundamental analysis.

How else is a trader going to get his info?
I would say it does get better, when you are a veteran in trading, you do not look at social media to find clues on what to trade, that doesn't even come to your mind, you use social media for seeing what is popular maybe, but it doesn't change your trading, you trade based on charts and indicators, not influencers. What we can see veterans do as a mistake isn't to see influencers on social media, it's the fact that we can still get emotional during trading and make mistakes.


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